Lack of contribution from Battersea cuts S P Setia 3Q net profit by 81%
KUALA LUMPUR (Nov 14): S P Setia Bhd saw its net profit plunge by 81.
MRT2 37% complete, on track to be completed by July 2021
KUALA LUMPUR (Nov 14): Klang Valley's second mass rapid transit line (MRT2) is more than 37% complete, and is on track for full completion by July 2021.
Forest City developer contributes to revitalisation of century-old school
GELANG PATAH, JOHOR (Nov 14): Country Garden Pacificview (CGPV) Sdn Bhd, the developer of Forest City recently contributed RM550,000 to refurbish SK Tanjung Adang, a 100-year old school in Gelang Patah, Johor.
PAC’s probe into ‘tampered’ 1MDB audit report to start Dec 4
KUALA LUMPUR (Nov 14): The Public Accounts Committee (PAC) will kick off its investigation in the first week of December this year into the allegations the 2016 Auditor-General’s Report on 1Malaysia Development Bhd (1MDB) has been tampered with.
Guilty or innocent, rule of law applies to Najib, says Dr M
KUALA LUMPUR (Nov 13): The rule of law applies in trials of former prime minister Datuk Seri Najib Razak whether he is guilty or innocent, said Prime Minister Tun Dr Mahathir Mohamad in an interview.
Homebuyers deferring purchase to next year for more budget perks, says analyst
KELANA JAYA (Nov 13): With all the favourable measures for first time homebuyers under Budget 2019 which will kickstart next year, RAM Ratings head of agribusiness, real estate and construction Thong Mun Wai expects property sales to improve early next year.
Rehda Institute, MRMA to set up residential REIT to provide rental housing
KELANA JAYA (Nov 13): Rehda Institute is looking at introducing a Residential Real Estate Investment Trust (REIT) which could provide more rental housing to the B40 income group.
Viral photo of car trapped in flooded tunnel damaged our reputation, says SMART
PETALING JAYA (Nov 13): SMART (Stormwater Management and Road Tunnel) said the recent viral photo of a car trapped in a flooded tunnel that was assumed to be the SMART tunnel was incorrect.
Strong sales replenishment critical for UEM Sunrise’s earnings momentum
UEM Sunrise Bhd (Nov 12, 76 sen) Upgrade to buy with a lower target price (TP) of 85 sen: Notwithstanding the weak sentiment towards Iskandar Malaysia’s properties, UEM Sunrise Bhd’s share price has plunged to an attractive level, at a mere 0.
Finance Minister says new homeownership platform provides another option
KUALA LUMPUR (Nov 12): Finance Minister Lim Guan Eng today explained that the new homesownership platform initiative provides Malaysians with another option towards owning a home.
